CPUC Approves Cal Water-Dominguez Merger.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 18, 2000 The California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, (CPUC CPUC California Public Utilities Commission CPUC Current Procurement Unit Cost ) today voted to approve the merger of California Water Service Group (NYSE NYSE See: New York Stock Exchange :CWT cwt 112 pounds avoirdupois weight. ) and Dominguez Services Corp. (Nasdaq:DOMZ). "We are very pleased to receive CPUC approval of our merger, which we view as a combination of two of the finest companies in the investor-owned water utility industry. This was the final regulatory approval required to complete the merger, and we expect to finalize the transaction in the next several days," said California Water Service Group Chairman Robert W. Foy. California Water Service Group provides water utility services to 1.5 million people in California and Washington; Dominguez Services Corp. serves 150,000 people, most of whom reside in the South Bay area of Los Angeles County. This release contains a number of forward-looking statements that are based upon current expectations. Actual results may differ materially. |
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